J Howard Pew Freedom TR

Analysis

J Howard Pew Freedom TR is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 1959, 67 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, J Howard Pew Freedom TR reported income of $89.1m and spending of $48.2m, leaving 46% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $31.8m to $89.1m (+180%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, J Howard Pew Freedom TR sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Kars 4 Kids Inc ($89.1m), Crosland Foundation ($90.0m) and The Brunson Foundation ($88.5m).

Compensation of current officers, directors and key employees was $2.8m (5.8% of expenses). At year end it held assets of $823.5m against liabilities of $0, net assets of $823.5m.